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Economy
Covid wipes out $15T from global economic output: IMF
IMF warned that recovery from the Covid crisis will take years for most countries if reforms are not implemented. READ MORE
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Economy
World Bank Group deploys over $157b to fight Covid
The global economy is expected to expand 5.6 per cent in 2021. READ MORE
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Economy
ADB sees Indian economy growing at 10%
The latest economic growth projection for India is lower than the 11 per cent growth forecast in the ADO in April this year. READ MORE
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Economy
India set for V-shaped recovery
Reserve Bank of India (RBI) said that there would be substantial slack in growth for the economy, although it is poised to recover and witness positive growth in the current fiscal. READ MORE
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Economy
NRI Problems: Why more companies have set up shop in India
New firms at around 150,000, 43% more than number of companies incorporated in previous financial year READ MORE
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Economy
Expo 2020 Dubai drives long-term business growth in region and beyond: SAP
Expo 2020 Dubai is using SAP Ariba solutions to digitise and automate procurement for more than 25,000 local and global suppliers who have already transacted more than Dh1 billion in spending on the platform. READ MORE
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Economy
Mining and metals companies accelerate focus on sustainability
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Economy
India’s Infosys posts highest revenues in decade on strong demand
The country’s software services industry has been a bright spot in the economy. READ MORE
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Economy
Indian rupee slides on widening trade deficits
The rupee was trading at 74.4563 to the dollar on Monday while Brent crude, the benchmark for India’s oil imports, was above $75 per barrel, up more than 45 per cent since the start of the year. READ MORE
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Economy
ICE announces record 20,124 Murban crude oil futures traded on July 6
A total of 503,567 contracts have traded on IFAD since launch, equivalent to 0.5 billion barrels of Murban Crude oil. READ MORE
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Economy
Dubai's pharmaceuticals, medical supplies trade rises 31% to Dh6.8b in Q1
Imports touched Dh5.3 billion, exports Dh590 million while exports and re-exports totalled Dh1.4 billion READ MORE
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Economy
GCC can continue to attract FDI inflows
Economic diversification in UAE ensured that FDI remained resilient even with low oil prices, which allowed for a higher inflow of FDI into the country READ MORE
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